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Webb: E-commerce the solution to sustainable development

Plans to encourage more e-businesses to the Island are part of an overall Government initiative which Ministers hope will help create sustainable development in Bermuda.

Minister of Telecommunications and E-commerce Renee Webb made the revelation this week in San Francisco while attending the Risk & Insurance Management Society annual meeting in the city.

The Minister explained that e-commerce was the perfect solution to continued growth of businesses without a great deal of increase in numbers.

Ms Webb said:"One of the facts we are very cognisant of is our size. So clearly one of the the things we are trying to do is look at companies which are not labour intensive. Bermuda is not for you if you want to open a manufacturing plant.

"We have to think of housing, traffic and all issues that deal with our size.

We do not try to attract companies that will need a great deal of this kind of thing,'' she said.

Ms Webb was speaking at a press conference being held after a breakfast meeting at which Bermuda was being promoted as a destination for e-commerce.

She added: "When Concert came to Bermuda, we were very impressed that they had already thought about how to house their people. And the fact that they had already thought of those things, considered what to do, was one the things that showed they had carefully planned coming here.'' Ray Madeiros, chairman of BIBA -- hosting the event, added: "Bermuda is mainly business to business which is obviously less labour intensive and needs less infrastructure.'' At a breakfast meeting earlier, Ms Webb had unveiled details of the code of conduct for e-commerce which would affect all companies set up here dealing with this kind of busiiness.

Ms Webb added: "We are trying to build up what we already have, and one of the first things we looked at was what would be complimentary to what business we already have on the Island. We could not have an industry which was labour intensive.'' `E-commerce not labour intensive': Telecoms and E-commerce Minister Renee Webb BUSINESS BUC